Contacts
Scott Kingston
Turton Commercial Real Estate
(916) 573-3309
Property Details
- Property Type VacantLand
- Property Size 38,365 SF
- Lot Size 0.88 Acre
- Date Updated Mar 25, 2024
711 F Street 6,400SF 0.1469AC
717 F Street 9,280SF 0.213AC
719 F Street 3,485SF 0.08AC
721 F Street 9,600SF 0.2204AC
516 8th Street 9,600SF 0.2204AC
Site 2 Subtotal: 38,365 SF 0.8807AC
Turton Commercial is pleased to present for sale a prime infill development opportunity at 8th Street, F Street, and E Street in the northwest corner of Downtown Sacramento, surrounded by development projects under construction including The Railyards. The Property consists of nine (9) parcels of vacant land approximately 1.3 acres or 56,165 SF, combined. Bifurcated by Eggplant Alley, the Property represents two development sites of 0.42 AC/17,800 SF and 0.88 AC/38,365 SF. The parcels are being offered for sale together but may be purchased separately or in phases. The asking purchase price is $115 PSF land or $6,458,975 for the entire Subject Property.
Currently, the Property is zoned OB-SPD (Office Building) on half the parcels and RO-SPD (Residential Office) on the other half of the parcels. However, the City of Sacramento has identified these parcels to be rezoned for Residential Mixed Use, with up to 15.0 FAR in the draft 2040 General Plan Update. A buyer can take advantage of the tremendous increase in development intensity for the site.
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Location
- City Sacramento, CA
- Zip Code 95814
- Market Sacramento
In-Depth Research Available for this Property
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Contact Listing Broker
Scott Kingston
Turton Commercial Real Estate
(916) 573-3309